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Fortescue founder bets big on green mining by 2030, aids Ukraine

Andrew Forrest, the founder of Fortescue, is spearheading an ambitious plan to eliminate fossil fuels from his company's mining operations by 2030. This initiative, dubbed "Real Zero," aims to set a new standard for sustainability in the heavily polluting mining industry, distinguishing Fortescue from older competitors like BHP and Rio Tinto. Forrest's commitment extends beyond environmental goals, as he is also investing significantly in Ukraine's reconstruction efforts and has publicly defended his environmental targets against criticism. AI

RANK_REASON Major corporate initiative with significant environmental and geopolitical implications. [lever_c_demoted from significant: ic=1 ai=0.1]

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Fortescue founder bets big on green mining by 2030, aids Ukraine

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Major corporate initiative with significant environmental and geopolitical implications. [lever_c_demoted from significant: ic=1 ai=0.1]
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Vivienne Walt ·

    Inside Fortescue’s billion-dollar bet to decarbonize mining—and help rebuild Ukraine

    Andrew Forrest built Fortescue into an iron ore giant. Now he is staking billions on an accelerated clean-energy overhaul in Australia and a long-shot effort to help revive Ukraine after the fighting ends.